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About this book
Climate technology becomes more and more relevant in international environmental policy negotiations. At the Kyoto conference binding emission reduction targets have been established for several regions of the world. The major challenge is how to realize these reduction goals with minimum costs without generating new distributional and social difficulties. The book analyses the macroeconomic structural and distributional impacts of greenhouse gas mitigation strategies for the EU and the member states.
Contents
Introduction * Literature Review * Definition of Policy Instruments and Criteria for Their Assessment * Baseline Scenario for the EU and Overview of Policy Simulations * The Cost of Meeting Emission Reduction Targets: Pollution Permits * The Role of Accompanying Policies * The Role of Energy Saving Investment * Internalisation of Externalities * Burden Sharing * Sensitivity Analysis * Conclusions * Appendix: Brief Description of Models Used in the Study.
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